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Jul 29, 2011
07/11
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there is the big orange blob we are talking about. starting to see outer bands moving across texas into louisiana. they need the rain, they need so much rain from this tropical storm, unfortunately they are not going to get the bulk of the rainfall. we think mexico is going to see the worst of the rainfall and it could be a beneficial to them and parts of south texas. there is that cone of uncertainty that we are talking about, again making landfall some time in the overnight hours between corpus and browns villain we'll keep you posted throughout the evening. back to you. jenna: the cone of uncertainty, the orange blobs, it's that season again isn't it. >> reporter: it is and we have one behind this one, jenna we'll problem pwhraoeb talking about next week. jenna: we'll keep our audience updated on that and we hope casey does have that rain slicker. jon: i want a rain slicker. jenna: we don't get one we are inside. >> reporter: you don't have one. jon: can i come to your office and unlock the price closet. >> reporter: i have apprise
there is the big orange blob we are talking about. starting to see outer bands moving across texas into louisiana. they need the rain, they need so much rain from this tropical storm, unfortunately they are not going to get the bulk of the rainfall. we think mexico is going to see the worst of the rainfall and it could be a beneficial to them and parts of south texas. there is that cone of uncertainty that we are talking about, again making landfall some time in the overnight hours between...
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Jul 20, 2011
07/11
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that is a big problem. and by the way we saw major economists, housing economist yesterday say that he predicts another 10 to 20% decline in housing values, which means more foreclosures. if people lose equity in their house. jenna: we're hearing one of the reasons why some of these sales aren't happening it is not necessarily no one is shopping but we're seeing deals fall through. contracts get canceled. >> yep. jenna: why are we seeing that? >> i think it's the kind of panic that's happened in the economy over the last month or so, jenna. looked like the first four months of this year the economy was really picking up steam. and then we of course hit that speed bump and let's hope it is just a speed bump. i think people are frightened to take on this new debt. by the way, jenna, if i may, this story ties into the other story you innings ined about what is happening with the debt ceiling. if we have downgrade on our debt and if we can't deal with this enormous $14.3 trillion debt and bring it down then the
that is a big problem. and by the way we saw major economists, housing economist yesterday say that he predicts another 10 to 20% decline in housing values, which means more foreclosures. if people lose equity in their house. jenna: we're hearing one of the reasons why some of these sales aren't happening it is not necessarily no one is shopping but we're seeing deals fall through. contracts get canceled. >> yep. jenna: why are we seeing that? >> i think it's the kind of panic...
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Jul 8, 2011
07/11
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, big brawl. jaime: i know you were listening to the debate about whether the stimulus had anything to do with the job numbers. they say both countries unemployment rates moved similarly until the stimulus. both were 6.1% in august of 2008. they rose in lock step through february 09. after the stimulus u.s. unemployment shot up to 10.1 remained above 9.5%. canadian unemployment peaked at 8.7, it's tpoulg and it's now 7.4%. >> who would think we would be looking at canada for an economic model. there is a strong case on the stimulus. certainly you can't make the argument that it has helped all that much if it's helped at all. i would argue it's hurt to the extent at which it implies taking all this debt, adding to the deficit, to the extent that it implies that we have to raise taxes in the future, it's a disincentive for businesses to invest. they don't know what their actual costs are going to be. jaime: president obama did respond to that, you know, saying that it's working, not working as quick
, big brawl. jaime: i know you were listening to the debate about whether the stimulus had anything to do with the job numbers. they say both countries unemployment rates moved similarly until the stimulus. both were 6.1% in august of 2008. they rose in lock step through february 09. after the stimulus u.s. unemployment shot up to 10.1 remained above 9.5%. canadian unemployment peaked at 8.7, it's tpoulg and it's now 7.4%. >> who would think we would be looking at canada for an economic...
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Jul 14, 2011
07/11
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that is the other big thing. if we don't get a debt deal we might get higher interest rates which will hurt job growth so it is a pretty rough situation. jon: some of the countries like germany, didn't stimulate like we did and still came out of this pretty well, right? >> they did. germany is a actually a very good example of that. look at some of the other european countries not in such good shape. we heard talking about a moment ago will we turn into the next greece? there are key difference what we have as an advantage versus what is going on in europe. to me is interest rates. our interest rates is very, very low here. that is why the debt debate is very important debate. if we come through it and we don't have a deal by august 2nd we will have higher interest rates. that is what is going on a in europe. that is very difficult for them to borrow money. we can still borrow at very low rate. that is one of the advantages. there is question how long that will be there for. jon: when you read the numbers it is h
that is the other big thing. if we don't get a debt deal we might get higher interest rates which will hurt job growth so it is a pretty rough situation. jon: some of the countries like germany, didn't stimulate like we did and still came out of this pretty well, right? >> they did. germany is a actually a very good example of that. look at some of the other european countries not in such good shape. we heard talking about a moment ago will we turn into the next greece? there are key...
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Jul 25, 2011
07/11
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you've got to go where the big spending programs are. rising health care costs are the largest and fastest growing area of spending, bar none. that's why i've been an advocate of changing the way we pay for health care so it's based on the value. and we also need to scrub the defense budget. we have weapons systems that the pentagon keeps telling congress, stop appropriating money for these systems. we don't want 'em, we don't need 'em, they're not helping with defense readiness, and they're nonsensical. and i've been one of the leaders on farm bill reform, too, ending the huge taxpayer subsidies going to large agribusiness. it's not fiscally responsible, and that, too, should be in the mix. jenna: we'll see if we can get some of these big things done. that seems to be what you're going for, and we'll see if it can get done. thank you for joining us today. >> thank you. jon: we are awaiting an important meeting of house republicans. we're just getting word that speaker john boehner will unveil another plan to control the ballooning debt
you've got to go where the big spending programs are. rising health care costs are the largest and fastest growing area of spending, bar none. that's why i've been an advocate of changing the way we pay for health care so it's based on the value. and we also need to scrub the defense budget. we have weapons systems that the pentagon keeps telling congress, stop appropriating money for these systems. we don't want 'em, we don't need 'em, they're not helping with defense readiness, and they're...
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Jul 21, 2011
07/11
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texas is a big state, has a lot of people in it. for a governor who hasn't even announced he's running, hasn't decided whether he's running, to come in with 39% of the vote in a thee receipt tech le theoretie president, those are pretty good numbers, don't you think, scott. >> much of this polling data is a reflection on the incumbent president rather than any challenging. no matter who we put against the president he attraction that number. jon: when you put michelle bachman in there she got 39% of the votes. the slight difference here is that president obama's number went up slightly to 46% versus 44% for perry. but she has the same number he has. >> again, she is considered one of the leading candidates. you'd have to say that mitt romney, perry and bachman are the top three right now. the odds are better than 50-50 that one of them will be the republican nominee. there are interesting differences in the dynamics, michelle bachman does much better among men, and rick perry a again women. jon: generally, i mean the more interestin
texas is a big state, has a lot of people in it. for a governor who hasn't even announced he's running, hasn't decided whether he's running, to come in with 39% of the vote in a thee receipt tech le theoretie president, those are pretty good numbers, don't you think, scott. >> much of this polling data is a reflection on the incumbent president rather than any challenging. no matter who we put against the president he attraction that number. jon: when you put michelle bachman in there she...
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Jul 1, 2011
07/11
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big baby or greener government. we'll have the answer next. >> reporter: the interior of a van, the must-see moment of the day, jon. that is a garden hose. police say a man got busted for rigging the van with a garden hose and sieve fong gas out of a gas station and feeling 400 gallons of fuel at this ti time. they said he's been doing it for years. he's got a
big baby or greener government. we'll have the answer next. >> reporter: the interior of a van, the must-see moment of the day, jon. that is a garden hose. police say a man got busted for rigging the van with a garden hose and sieve fong gas out of a gas station and feeling 400 gallons of fuel at this ti time. they said he's been doing it for years. he's got a
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Jul 27, 2011
07/11
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jenna: breaking news of the day, and we have more big stories throughout the hour including a big rule anything the case of the former police sergeant who keeps losing wyomings. what -- wives. the case of drew peterson and how it could impact his murder trial. >>> also house speaker john boehner reworking his debt deal. this as the clock ticks closer to that default deadline. six days away, can a deal be struck in time? we'll go in depth just ahead. you could save a bundle with geico's multi-policy discount. geico, saving people money on more than just car insurance. ♪ geico, saving people money on more than just car insurance. jenna: right now new informing on some crime stories we're keeping an eye on for you here, a blow in the case against a former illinois police sergeant charged with murder. a state appellate court upholding a judge's ruling not to allow some hearsay or secondhand evidence in the drew peterson trial, accused in the death of his third wife. kathleen savio. >>> also rod blagojevich asking a judge to grant him a third trial, his lawyers say his conviction
jenna: breaking news of the day, and we have more big stories throughout the hour including a big rule anything the case of the former police sergeant who keeps losing wyomings. what -- wives. the case of drew peterson and how it could impact his murder trial. >>> also house speaker john boehner reworking his debt deal. this as the clock ticks closer to that default deadline. six days away, can a deal be struck in time? we'll go in depth just ahead. you could save a bundle with...